Business

About Business News...

Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.

Government, Business

White House Announces $80 Million for Smart Cities Program

More than 70 cities and communities will receive $80 million to improve freight and transit connectivity, reduce their carbon footprint and increase the resilience of infrastructure to severe weather events, the White House announced this week.

September 27, 2016
Business

Future Megaload Shipments Worry Idaho Tribe

Nez Perce tribal members are calling for standing against future oversize shipments on U.S. Highway 12 in Idaho.

Stacy Thacker | Lewiston (Idaho) Tribune
September 27, 2016
Business, Technology

TMW, PeopleNet Combine Capabilities to Build Unified ‘Journey Management Application’

NASHVILLE, Tenn. — TMW Systems and PeopleNet unveiled their latest steps to unite their capabilities and build a more comprehensive, integrated technology platform for the transportation industry.

Seth Clevenger | Managing Editor, Features and Multimedia
September 27, 2016
Business

Karma: Lost Dog, Trucker Reunited by Good Samaritans

When Tim Riddle set the air brakes on his semitrailer truck at the Pilot Truck Stop recently, his partner was ready to go, literally.

Steve Smedley | The Pantagraph, (Bloomington, Ill.)
September 27, 2016
Business

Lower Fuel Costs Reduce Overall Operating Expenses, Report Shows

Trucking operational costs fell 6% per mile last year on a year-over-year basis, helped by a 31% drop in fuel prices that outweighed higher driver pay, insurance and truck payment expenses, a new survey by the American Transportation Research Institute found.

September 27, 2016
Business, Autonomous

Former GMTA Executive Guy Young Appointed CEO of Kentucky Trucking Association

Guy Young, an official of the Georgia Motor Trucking Association the past 22 years, has been appointed CEO of the Kentucky Trucking Association.

David Elfin | Staff Reporter
September 27, 2016
Business

WTO Lowers Forecast for World Trade in 2016 and 2017

World trade will grow more slowly than expected in 2016, expanding by just 1.7%, well below the April forecast of 2.8%, according to the latest forecast by the World Trade Organization.

September 27, 2016
Business, Government, Logistics

Consumer Confidence Hits Nine-Year High on Job Optimism

Consumer confidence rose in September to the highest level since before the last recession on optimism about the labor market, according to a report from the New York-based Conference Board on Sept. 27.

Patricia Laya | Bloomberg News
September 27, 2016
Business, Technology

Explore Information Services Acquires Transportation Performance

Driver-monitoring company Explore Information Services Inc. has acquired Transportation Performance Inc., a provider of business intelligence to improve fleet driver safety and productivity.

September 27, 2016
Special Coverage, Business, Technology

Autonomous October: Two Chances to Ask Questions of the Experts

The buzz around autonomous vehicles grows louder with each passing month, and we’re devoting two significant events to this complex subject in October. And in both cases, we’re inviting your questions to be put to our experts.

September 27, 2016